So, what is Amazon’s tax rate? According to The Institute on Taxation and Economic Policy, it was at 11% from 2011 to 2016, which was apparently too much for owner Jeff Bezos’s tastes — Amazon’s 2018 income tax rate plummeted to -1%. That’s a minus sign in front of the 1, signaling a negative tax rate. Read more
June 28, 2019
CNN: Amazon’s Less-Than-Zero Tax Rate Is Unacceptable
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